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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: go4it who wrote (30034)1/20/1998 2:11:00 PM
From: Joe Hartenbower  Read Replies (2) of 35569
 
CB >> So......are there any guesses as to where all the volume is coming from? I am showing 9500 shares traded so far today. Are we looking at a bottom here? <<

I haven't watched the market today. However 9,500 shares doesn't seem like very many. I suspect the sellers are people who have personal needs or possibly are day trading (doubt that).

>> Do you think Eli et al can bring in more institutions? <<

I doubt it until a series of possitive new items come out.

>> If the company is limiting news these days then how is the company going to repair public perception ? << I don't agree that the company is limiting news. Maybe there is nothing newsworthy? Maybe they are in the middle of putting a deal together with someone like Bateman? I also do not agree that they have a public perception problem. There are not that many sellers out there for them to be having a big problem. I do believe the metals market has a public perception problem and unless there is something spectacular, people are not going to flock to it. <<

>> Why did the chicken really cross the road? << That's easy, he (male) sold his IPM stock when he shouldn't have, got so mad at himself that he went to the other side to get his computer so he could start flameing the company and managment. Now he want's to go back to the right side but can't figure out how to do it. Well Mr. Chicken, it's easy. Just go out to the middle of the road, turn left, look down and follow the yellow stripe.

Joe
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